Bank of New York Mellon Corp Makes New $20.06 Million Investment in Horace Mann Educators Corporation $HMN

Bank of New York Mellon Corp purchased a new position in shares of Horace Mann Educators Corporation (NYSE:HMN - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 388,408 shares of the insurance provider's stock, valued at approximately $20,061,000. Bank of New York Mellon Corp owned approximately 0.96% of Horace Mann Educators as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HMN. EverSource Wealth Advisors LLC lifted its holdings in Horace Mann Educators by 222.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider's stock worth $39,000 after buying an additional 627 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Horace Mann Educators in the 4th quarter valued at $51,000. Los Angeles Capital Management LLC acquired a new stake in Horace Mann Educators during the 4th quarter worth $51,000. Osaic Holdings Inc. lifted its position in Horace Mann Educators by 181.5% in the second quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider's stock valued at $57,000 after acquiring an additional 855 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Horace Mann Educators by 10,953.8% in the fourth quarter. Quadrant Capital Group LLC now owns 1,437 shares of the insurance provider's stock valued at $66,000 after acquiring an additional 1,424 shares in the last quarter. Hedge funds and other institutional investors own 99.28% of the company's stock.

Insider Activity

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $52.03, for a total value of $390,225.00. Following the completion of the sale, the chief executive officer directly owned 307,129 shares in the company, valued at $15,979,921.87. The trade was a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 22,500 shares of company stock worth $1,131,750. Company insiders own 3.60% of the company's stock.

Horace Mann Educators Stock Performance

Shares of HMN stock opened at $51.32 on Monday. The company has a 50 day moving average price of $51.92 and a 200 day moving average price of $47.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08. Horace Mann Educators Corporation has a one year low of $41.29 and a one year high of $55.56. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 11.99 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN - Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.38. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The company had revenue of $443.50 million for the quarter, compared to the consensus estimate of $321.70 million. During the same quarter last year, the business posted $1.06 EPS. Horace Mann Educators's quarterly revenue was up 7.7% compared to the same quarter last year. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. Sell-side analysts anticipate that Horace Mann Educators Corporation will post 4.78 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on HMN. Raymond James Financial reiterated a "strong-buy" rating and issued a $59.00 price objective on shares of Horace Mann Educators in a research note on Thursday, August 13th. Weiss Ratings raised shares of Horace Mann Educators from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, June 15th. Finally, Zacks Research upgraded Horace Mann Educators from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. Three analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Strong Buy" and a consensus price target of $59.00.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.

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